Legal
Partners and fund flow
Last updated 24 August 2026
Openhand operates Openhand as a non-custodial interface. The table below is what a partner review should verify: we never receive CAD or USDC, and Transak is the only fiat on/off ramp.
| Step | Who | What happens |
|---|---|---|
| Wallet | You / Privy / Reown | You create or connect a wallet. Openhand does not store keys or the email Privy collects. |
| Buy or cash out USDC | Transak | CAD / Interac checkout. Transak runs KYC, is merchant of record, and sends USDC to — or takes USDC from — your wallet. Openhand never receives those funds. |
| Yield deposit / withdraw | Your wallet → protocol | You sign supply, deposit, withdraw, or redeem on Aave, Lido, Yearn, and similar. No Openhand pool. |
| Dashboard tapes | LI.FI (not Transak) | Optional wallet-signed USDC swaps for spot crypto or tokenized stocks. Not a brokerage. Not Transak checkout. |
Transak
Hosted widget only (not Transak Whitelabel). Prefill is CAD, country CA, USDC, and the connected wallet. Transak is an independent merchant of record — not a joint venture or agency with Openhand. We do not pass identity data to skip KYC. Users must review and acknowledge Transak's Terms of Service before the widget loads — see Buy USDC and our terms (Transak terms incorporated). Privacy: Transak privacy policy. User issues with a CAD payment: support.transak.com.
What we will not add
No Openhand-operated vault, no relayer that moves user funds, no second onramp fighting Transak, no scored “best opportunity,” and no deposit-insurance language.
Contact
Partner and user contact: hello@openhand.online.